The office leasing market continues to be a tenant’s market, REAL Professionals members reported Tuesday. NAI KLNB’s Brian Ball, Jr., reported that tenants larger than 10,000 square feet are being approached by their landlords for renewals a full three years before their leases are up. Of course, geography and transit access play a role. Members agreed that the suburban office market is down. “I’m not seeing any positives,”NAI KLNB‘s Marc Tasker added. But downtown and near Metro is still strong. REAL Professionals CEO Rick Lackey shared that he’s seeing similar themes in Atlanta. Rents in “dog-ugly” buildings have doubled because they are downtown, where everyone wants to be. And inCrystal City, WeWork and Vornado collectively spent $235 per foot to convert its vacant office space into WeLive/WeWork, a coworking/coliving space. The message? Location, location, location!

Pictured above (left to right):  Brian Ball, Jr., Shahin Yavari, Patrick Kerr and David Foulk